China New Town Development Co. Ltd. (HK:1278) has released an update.
China New Town Development Company Limited has updated on its urbanization fixed income investment portfolio, revealing a total of RMB 2,744 million in investments with an expected annual pre-tax return of about 6.5%. The portfolio has seen recent shifts, including the addition of new projects and the exit from others, with all principal and related gains received. The company commits to quarterly updates on its fixed-income investment business.
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